One of Australia’s fastest-growing fintech firms, Athena Home Loans, has recently announced a Series C funding worth $70 million, led by AustralianSuper.
The startup firm developed a mobile platform for a mortgage loan, which became famous in the Australian market....
Japan-based financial technology firm Digital Wallet Corporation (DWC) announced last Monday, October 21, 2019, its acquisition of money transfer, remittance, and foreign exchange company Speed Money Transfer Philippines (SMTP).
Under the acquisition, SMTP will be rebranded as Digital Wallet Philippines....
US-based payment network Ripple announced Wednesday, Oct 9, it has entered into a strategic partnership with the world’s third-largest financial firm, Finastra. According to reports, the team-up is geared to support fast, cross-border payments with end-to-end tracking.
In a news...
Bulgaria is rapidly becoming the leading financial technology center in the Southeast part of Europe, according to ZDNet. The Balkan country saw a spike in the number of homegrown fintech companies. The industry has also been raking in income...
Researchers recently revealed that Singapore is the most prepared city for AI (Artificial Intelligence) and smart technology, Fintechnews Singapore reported. According to two separate studies conducted by two groups of researchers, Singapore is the most prepared for AI adoption...
The fintech industry in Singapore recently amassed $735 million within the first 9 months of the year. The whopping amount garnered by the country increased by 69 percent from last year’s $435 million.
According to Bloomberg, analysts from Accenture PLC...
HSBC Malaysia recently piloted Malaysia's very first blockchain transaction through a letter-of-credit (LC). The Star reported that the deal to import resin was executed between Simply Packaging and an unnamed Singaporean company. In the pilot transaction, HSBC Malaysia and...
Brazil-based financial tech company NuBank has surpassed 15 million users record, according to the company chief executive on Friday, Oct. 11.
The company was founded in 2013 and has raised millions of funds from fintech investors like Sequoia Capital. Founder...
Financial technology firm BASIX Sub-K iTransactions Limited successfully raised Rs 75 Crore funding last Wednesday, October 9, 2019. The funding round was led by Denmark-based asset management company Maj Invest.
Sub-K provides affordable and accessible financial services to more than...
South African tech company Net1 UEPS Technologies recently bought majority stocks in Bank Frick. According to a press released by the Liechtenstein-based bank, the tech firm now owns 70% of its stakes, while the Frick family retains its 30%...
